Top 25 Most Saleable Streets in Stoke on Trent

Following on from my last article, if you recall I said that Lightwood Road had the most properties sold in the ST3 Stoke on Trent postcode, yet I felt that this information wasn’t telling the whole story, as some roads in Stoke on Trent have more properties on them than others. Therefore, I promised that I would compare the average number of properties sold by the actual number of properties on that street, to find out the streets whose owners proportionally moved (or sold) more often than the rest of the locality.

To give some foundation to the article, in 2017 Stoke on Trent homeowners had, on average, lived at their existing address for 17 years and 6 months. However, when I looked at the difference between homeowners with and without a mortgage; Stoke on Trent homeowners without a mortgage had lived in their Stoke on Trent home for an average of 23 years and 9 months compared with 10 years and 1 month for homeowners with a mortgage. Interestingly, Stoke on Trent’s Council house tenants have on average resided at their present home for 11 years and 4 months, whilst finally for those who rent from a private landlord, tenants generally have lived in their property for an average of 3 years and 11 months (up from 3 years 5 months only five years ago).

The ST3 street in the top 25 saleable streets with the highest number of households on it is Lightwood Road, which has 409 residential addresses. Yet since 1995, only 352 properties have changed hands (some multiple times!)  .. which means the street’s saleability or churn rate is 86.1%.

However, the street or road that has the highest saleability or churn rate is Althrop Grove … which has 76 households on it, yet since 1995 there have been 178 house sales … a saleability rate of 234.2%. Here is the full breakdown of the top 25 streets …

Street	Average Value of a Property On that Street/Road	Average Number of Properties Sold per Year (since 1995)
Lightwood Road	£186,508	15.30
Weston Road	£151,275	12.39
Weston Coyney Road	£112,519	9.91
Trentham Road	£140,609	8.48
Chaplin Road	£94,797	8.48
Blurton Road	£130,414	8.26
Broadway	£82,783	8.17
Althrop Grove	£112,174	7.74
Falcon Road	£128,045	7.13
Forrister Street	£116,918	7.00
Sandon Road	£165,106	7.00
Uttoxeter Road	£90,039	6.83
Waterdale Grove	£123,552	6.78
Copplestone Grove	£113,220	6.39
Bambury Street	£110,983	6.26
Buccleuch Road	£66,079	5.78
Durham Drive	£214,264	5.30
Stanton Road	£68,879	5.22
Charolais Crescent	£176,575	5.09
Argyll Road	£69,756	5.00
Menai Grove	£116,677	5.04
Anchor Road	£83,702	4.61
Amison Street	£104,939	4.57
Belgrave Road	£101,537	4.48
Deanscroft Way	£102,998	4.43

       

So, as you can see, some interesting statistics and a lot more correlation between saleability rate and property values (unlike the article last time where we compared value to ‘out and out’ raw sales figures).

Therefore, what does this all mean to Stoke on Trent homeowners and Stoke on Trent landlords?  Well these 25 streets are the best performing streets out of the 1,051 streets in the Stoke on Trent (ST3) area so if you live/own a property on those 25 streets … you are sitting on a very saleable street. If you want to find out how saleable your street is .. please drop me a line and we can discuss this further.